- VAT is important for EU and national budgets
- Fraudsters exploit VAT system weaknesses
- EU and Member States taking measures to combat VAT fraud
- Innovative digital tools used to detect fraudulent transactions
- Cooperation between Member States through bodies like Eurofisc
- European Commissioner for Taxation leading efforts to combat tax fraud
- Commissioner for Budget reviewing anti-fraud structures for efficiency
Source: europarl.europa.eu
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.